As at Dec 30, 2022, Sabah recorded one and nine listed companies on the ACE Market and the Main Market respectively, with a total market capitalisation (market ...
Three of the listings had a market cap of more than RM1 billion and 26 were priced above their IPO price. We believe this momentum will continue into 2023, driven primarily by the implementation of Bursa Malaysia as the one-stop centre for all ACE Market listings, together with the upcoming launch of the LEAP transfer framework,” it said. Sabah and Sarawak combined have a total of 46 companies and a market cap of RM22.57 billion on the exchange. Year to date, the bourse has recorded six listings. Currently, the bourse said, there are no specific incentives for companies based in Sabah and Sarawak to list. We had collaborated with one of our partners for an IPO event in Kota Kinabalu recently and we intend to organise more such events in both Sabah and Sarawak,” said Bursa Malaysia.
KUALA LUMPUR: Bursa Malaysia Bhd and its subsidiaries will be closed for the public holidays in conjunction with Federal Territory Day and Thaipusam.
The stock market will resume operations on the day following each holiday. In a statement, the stock exchange operator said the observed market holidays will be on Wednesday, Feb 1, 2023, and Monday, Feb 6, 2023, respectively. [Bursa Malaysia Bhd](/business/marketwatch/stocks/?qcounter=BURSA) [ and its subsidiaries will be closed for the public holidays in conjunction with Federal Territory Day and Thaipusam.](http://charts.thestar.com.my/?s=BURSA)
BURSA Malaysia Bhd and its subsidiaries will be closed for trading on Federal Territory Day — February 1 — and will resume operations the following day.
KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) has become the first 'ultra-low carbon emission' integrated steel mill listed on the FTSE4GOOD Bursa ...
He noted that Masteel has been focusing on minimising other air pollutants in addition to CO2 emissions mitigation measures, including the installation of a Continuous Emissions Monitoring System at the Bukit Raja, Klang plant in 2021, which is capable of tracking particulate matter, nitrogen dioxide and sulphur dioxide emissions in real-time. "At the same time, we will also expand our emissions monitoring systems from Scopes 1 and 2 currently to include Scope 3, to implement incremental step-ups in a systematic and sustainable manner,” he said. He also said the group aims to reduce emissions by a further 10 per cent by 2026 and 15 per cent by 2031.
At 9.06 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 8.46 points to 1,490.93 from Monday's close of 1,499.39. The key index opened 5.60 points ...
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KUALA LUMPUR: The FBM KLCI ended in the positive territory on late bargain hunting, with support in the broader market primarily seen in small-cap ene...
As such, we anticipate the FBM KLCI to trend within the 1,490 to1,505 region for the week, with immediate resistance at 1,500 and support at 1,470,” he told Bernama. Consumer products and services counters accounted for 320.59 million shares traded on the Main Market, industrial products and services (823.21 million); construction (189.43 million); technology (637.02 million); SPAC (nil), financial services (86.36 million); property (205.79 million); plantation (39.53 million); REITs (14.27 million), closed/fund (9,000); energy (504.87 million); healthcare (61.81 million); telecommunications and media (47.61 million); transportation and logistics (122.43 million); and utilities (25.01 million).-Bernama The FBM 70 Index rose 20.26 points to 13,780.10 and the FBM ACE Index advanced 27.28 points to 5,758.51. The ACE Market volume declined to 1.13 billion shares worth RM347.61 million from 1.32 billion shares worth RM345.66 million on Friday. On the index board, the FBM Emas Index garnered 16.27 points to 10,909.63, the FBMT 100 Index added 13.55 points to 10,577.46 and the FBM Emas Shariah Index climbed 12.08 points to 11,189.63. Warrants turnover slipped to 349.42 million units worth RM58.05 million from 419.36 million units worth RM57.86 million previously. Sector-wise, the Industrial Products and Services Index improved by 0.53 of-a-point to 191.30, the Energy Index perked up 12.53 points to 893.29, the Plantation Index was 8.83 points higher at 6,850.06, and the Financial Services Index went up 67.86 points to 16,538.05. The Main Market volume increased to 3.08 billion shares worth RM2.03 billion compared with last Friday’s 2.88 billion shares worth RM2.02 billion. Turnover slipped to 4.56 billion units worth RM2.44 billion against Friday’s 4.62 billion units worth RM2.42 billion. The key index opened 2.20 points higher at 1,499.75 and moved between 1,494.15 and 1,500.95 throughout the session. KUALA LUMPUR: The FBM KLCI ended in the positive territory on late bargain hunting, with support in the broader market primarily seen in small-cap energy as well as transportation and logistics stocks. On the regional stock markets, Thong said the key markets closed broadly lower ahead of the United States (US) Federal Reserve’s (Fed) meeting and key economic data this week.
KUALA LUMPUR: The ringgit and Bursa Malaysia performance continue to remains supported by China's reopening bounce, solid Chinese tourist and holiday data ...
The Malaysian Government Securities (MGS) and Government Investment Issues (GII) yields mostly decreased last week, moving between -15.3 bps to 3.8 bps overall. Yields mostly remained on a downtrend, amid the shorter workweek, as markets continued to digest Bank Negara Malaysia's (BNM) surprise rate decision. "Further along, we expect a more sustained recovery of foreign demand from the second quarter (Q2) of 2023 onwards, after major central banks complete their tightening cycles," the research firm further noted. "However, we reckon that risk-off sentiment could return should the upcoming US FOMC meeting (January 31 – February 1) result in the Fed reiterating its hawkish stance and signalling several more rate hikes to come. "The market is also focusing on China's Purchasing Managers Index (PMI) tomorrow for some confirmation bias that the outlook looks good, and the next leg lower on the ringgit will need to get driving my stronger growth as the reopening momentum is maturing a bit. "The ringgit may also be influenced by domestic macroeconomic data namely the industrial production index (IPI), labour, retail sales and trade under pressure for the rest of the week. "However, a hotter-than-expected reading may re-price the Fed's terminal rate higher and lift the greenback. "There has been a lot of positive enthusiasm towards the ringgit, so we likely see a bit of risk reduction rather than any untoward as the positive momentum should continue through H1 2023," he added. Innes said the ringgit movement has more to do given the markets have priced in Fed's interest rate cuts in the second half (H2) of 2023, and there is still a good chance the Fed holds the rates steady through 2023. The ringgit continued to tick higher for the seventh straight session ahead of the US Federal Reserve's (Fed) meeting on Jan 31 - Feb 1. "Still, the local bourse stuck in a bit of a wait-and-see mode, and it a similar story is unfolding, like the ringgit," he told the New Straits Times today. On the other hand, ringgit opened well but faded slightly as pre-Federal Open Market Committee (FOMC) uncertainly entered the picture.
KUALA LUMPUR: The FBM KLCI extended its fall over the morning session as investors took to the sidelines ahead of the US Federal Reserve's interest rate ...
[Borneo Oil](/business/marketwatch/stocks/?qcounter=BORNOIL) [ unchanged at two sen and G3 gaining 0.5 sne to 3.5 sen.](http://charts.thestar.com.my/?s=BORNOIL) [Petron Malaysia](/business/marketwatch/stocks/?qcounter=PETRONM) [ falling two sen to RM4.57 and Dayang losing two sen to RM1.47](http://charts.thestar.com.my/?s=PETRONM) [Subscribe now](https://www.thestar.com.my/subscribe)to our Premium Plan for an ad-free and unlimited reading experience! PETRONAS Chemicals fell six sen to RM8.39, PETRONAS Gas shed 64 sen to RM16.96 and PETRONAS Dagangan dropped 50 sen to RM22.38. Among financial counters, Maybank fell four sen to RM8.74, Public Bank slipped one sen ot RM4.25, CIMB dropped three sen to RM5.75 and Hong Leong Bank fell 46 sne to RM20.74. The Bursa Malaysia Energy Index shed 0.6% to 888.111 with declined led by Dialog down four sen to RM2.60,
Improved sentiments on interest rate hike and better show on Wall Street a boost for forex and stock markets.
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Bursa Malaysia ended the morning trading session marginally higher despite mixed sentiments, as investors took their cue from the US markets, which closed ...
Sector-wise, the Industrial Products and Services Index improved by 0.15 of-a-point to 190.92, the Energy Index added 10.57 points to 891.33, the Plantation Index gained 1.24 points to 6,842.47, and the Financial Services Index was up by 26.21 points to 16,496.4. The FBM 70 Index rose 33.33 points to 13,793.14 and the FBM ACE Index increased 31.24 points to 5,762.47. On the index board, the FBM Emas Index improved 10.98 points to 10,904.35, the FBMT 100 Index bagged 6.78 points to 10,570.69, and the FBM Emas Shariah Index advanced 12.97 points to 11,190.52. As for the actives, Borneo Oil Bhd advanced half-a-sen to two sen, Nylex (Malaysia) Bhd rose four sen to 58.5 sen, and Velesto Energy Bhd was one sen higher at 23 sen, while Hong Seng Consolidated Bhd accumulated 1.5 sen to 19.5 sen and its warrant inched up half-a-sen to two sen. The key index opened 2.2 points higher at 1,499.75 on Monday morning and moved between 1,496.11 and 1,500.95 throughout the session. Back home, Bursa heavyweights Malayan Banking Bhd added two sen to RM8.76, CIMB Group Holdings Bhd rose two sen to RM5.76, IHH Healthcare Bhd advanced two sen to RM5.97, Public Bank Bhd gained one sen to RM4.26 while Petronas Chemicals Group Bhd fell three sen to RM8.45. Regional stock markets were mixed, as Japan's Nikkei 225 added 0.07% to 27,402.96, while Hong Kong's Hang Seng was 1.62% lower at 22,320.6, Singapore's Strait Times Index was 0.31% easier at 3,383.56 and South Korea's Kospi erased 1.25% to 2,452.9.
KUALA LUMPUR: Bursa Malaysia Bhd is cautiously optimistic over an improved revenue performance in 2023, despite the global economic uncertainty creating ...
He noted also the active listing interest on the Exchange with 35 initial public offerings (IPO) recorded in 2022. This brought the total payout for the year to 26.5 sen per share. The IPOs raised a total of RM3.5bil, which was higher than the amount raised by the 30 IPOs in 2021. In line with the performance, the board of directors declared a final dividend of 11.5 sen per share, amounting to about RM93.1mil. The market operator's earnings per share came to 28 sen in FY22 as compared with 43.90 sen in FY21. In the same filing, Bursa Malaysia reported that profit after tax and zakat in FY22 came to RM226.6mil, which was 36.2% lower than in the previous year.
KUALA LUMPUR: Bursa Malaysia Bhd's net profit dropped 36.2 per cent to RM226.57 million in the financial year ended December 31, 2022 (FY22), from RM355.25 ...
At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 8.46 points to 1,490.93 from yesterday's close of 1,499.39. The key index opened 5.60 ...
At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 8.46 points to 1,490.93 from Monday's close of 1,499.39. The key index opened 5.6 points ...
The Financial Services Index trimmed 77.27 points to 16,460.78. Barakah Offshore Petroleum Bhd added one sen to 6.5 sen, and Borneo Oil Bhd gained half a sen at 2.5 sen. Public Bank Bhd was flat at RM4.26 while Petronas Chemicals Group Bhd eased five sen to RM8.40. The FBM 70 Index slipped 52.97 points to 13,727.13 while the FBM ACE Index weakened by 35.35 points to 5,723.16. Sector-wise, the Industrial Products and Services Index slid 1.08 points to 190.22, the Energy Index fell 6.51 points to 886.78 and the Plantation Index shrank 40.43 points to 6,809.63. On the index board, the FBM Emas Index lost 55.57 points to 10,854.06, the FBMT 100 Index erased 54.61 points to 10,522.85, and the FBM Emas Shariah Index went down 64.2 points to 11,125.43. The key index opened 5.6 points lower at 1,493.79. Among the heavyweights, banking counters led the losses, with Malayan Banking Bhd falling three sen to RM8.75 and CIMB Group Holdings Bhd dropping three sen to RM5.75. “However, we can say that trading on the local bourse has been lacklustre amongst the blue chips as the benchmark index was stuck within a five-point range over the past two weeks. “Regionally in Hong Kong, the equity market took a breather [and] the Hang Seng Index tumbled by 619 points due to some profit-taking activities after a strong run-up so far this year,” he said in a note.
Bursa Malaysia ended the morning trading session in the red on Tuesday (Jan 31), dragged down by persistent selling almost across the board, ...
Sector-wise, the Industrial Products and Services Index dwindled by 1.45 points to 189.85, the Energy Index was down by 5.18 points to 888.11, the Plantation Index narrowed by 23.61 points to 6,826.45, and the Financial Services Index weakened 96.11 points to 16,441.94. The FBM 70 Index contracted by 57.30 points to 13,722.80, and the FBM ACE Index dropped 58.02 points to 5,700.49. On the index board, the FBM Emas Index fell 72.60 points to 10,837.03, the FBMT 100 Index shed 71.29 points to 10,506.17, and the FBM Emas Shariah Index slid 86.14 points to 11,103.49. The key index opened 5.60 points lower at 1,493.79, subsequently moving between 1,487.76 and 1,493.89 throughout the morning session. As for the actives, ACE Market debutant Vestland Bhd gained six sen to 39 sen, G3 Global Bhd was half a sen higher at 3.5 sen and Anco Logistics Bhd too inched up half a sen to 23 sen, while Borneo Oil Bhd was unchanged at two sen and Sapura Energy Bhd was flat at five sen. Back home, Bursa heavyweights Malayan Banking Bhd (Maybank) was down by four sen to RM8.74, Public Bank Bhd declined one sen to RM4.25, Petronas Chemicals Group Bhd erased six sen to RM8.39, and CIMB Group Holdings Bhd was three sen easier at RM5.75. Regional stock markets were mostly in the red, with Japan's Nikkei 225 reduced by 0.24% to 27,368.93, Hong Kong's Hang Seng lower by 1.27% at 21,789.31, Singapore's Strait Times Index easier by 0.12% at 3,374.28, and South Korea's Kospi erasing 0.66% to 2,434.27. At lunch break, the benchmark FBM KLCI had fallen 11.28 points to 1,488.11, from Monday's close at 1,499.39. “Wall Street’s benchmark S&P 500 finished 1.3% lower on Monday, while the tech-heavy Nasdaq Composite dropped by 2%,” it said. In a note, Public Investment Bank Bhd said the benchmark index tracked the performance of US stocks which slipped, as investors hunkered down ahead of the Fed’s policy decision on Wednesday, where the central bank is expected to raise interest rates to the highest level since the 2008 financial crisis. KUALA LUMPUR (Jan 31): Bursa Malaysia ended the morning trading session in the red on Tuesday (Jan 31), dragged down by persistent selling almost across the board, as market sentiments turned cautious over speculation about another rate hike by the US Federal Reserve (Fed).
KUALA LUMPUR: Bursa Malaysia Bhd's net profit for the financial year ended Dec 31, 2022 (FY2022) dropped 36.2 per cent to RM226.6 million from the RM3...
“Trading value declined by 41.5 per cent with ADV of RM2.1 billion in 2022 but this was still higher than pre-pandemic ADV of RM1.9 billion. “The board of directors approved and declared a final dividend of 11.5 sen per share amounting to approximately RM93.1 million. For the fourth quarter ended Dec 31, 2022, Bursa Malaysia registered a lower net profit of RM49 million as compared to RM64.95 million recorded in the same quarter a year ago, while revenue slipped to RM145.70 million from RM165.18 million previously. Meanwhile, the derivatives market trading revenue rose by 11.3 per cent to RM97.2 million in FY2022 from RM87.3 million in FY2021, in part due to higher collateral management fees earned, as well as higher number of crude palm oil futures and FBM KLCI futures contracts traded. Bursa Malaysia said the securities market segment registered trading revenue of RM263.5 million in FY2022 compared with RM442.9 million in FY2021, a decrease of 40.5 per cent, due to lower average daily value (ADV) traded for the segment’s on-market trades and direct business transactions. The decrease was due to lower overall trading revenue of RM377.1 million in FY2022, down 30.7 per cent from FY2021, while total operating expenses in FY2022 increased marginally by 1.4 per cent to RM292.7 million from RM288.6 million in FY2021.
KUALA LUMPUR, Jan 30 -- The FBM KLCI ended in the positive territory on late bargain hunting, with support in the broader market primarily seen in small-cap ...
The key index opened 2.20 points higher at 1,499.75 and moved between 1,494.15 and 1,500.95 throughout the session. At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 1.84 points to 1,499.39 from Friday’s close of 1,497.55. KUALA LUMPUR, Jan 30 -- The FBM KLCI ended in the positive territory on late bargain hunting, with support in the broader market primarily seen in small-cap energy as well as transportation and logistics stocks.
Bursa Malaysia Bhd's net profit for the fourth quarter ended Dec 31, 2022 declined by 24.55% to RM49 million from RM64.95 million a year ago.
For the full financial year ended Dec 31, 2022, net profit fell 36.22% to RM226.57 million from RM355.25 million a year ago, on the back of a 21.41% drop in revenue to RM603.25 million, from RM767.54 million. In a separate statement, Bursa Malaysia said its board of directors had approved and declared a final dividend of 11.5 sen per share amounting to around RM93.10 million, bringing total dividend payout for FY2022 to 26.5 sen per share, including the interim dividend of 15 sen per share paid out in Aug 2022. KUALA LUMPUR (Jan 31): Bursa Malaysia Bhd’s net profit for the fourth quarter ended Dec 31, 2022 declined by 24.55% to RM49 million from RM64.95 million a year ago.